Excavation & Utility Installation Business, Serving Northeast.
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Asking Price
$20,000,000
Detailed Information
New York City, New York, US
Not Provided
NA
Business Description
This profitable company specializes in excavation, site work, and utility conduit installation, serving a wide range of clients including utilities, municipalities, and private firms for over 30 years. With a stellar reputation for timely project completion and customer satisfaction, they have secured lucrative contracts, including with a major telecommunications company, leading to significant revenue growth of over 70% in the last three years. Offering comprehensive services from design and engineering to construction, the company provides a seamless experience for clients seeking underground utility solutions. Their experienced team is capable of handling diverse projects such as manhole construction, fiber optic installation, and drainage excavation, leading to an increase in gross revenues and cash flow. Future growth opportunities include expanding services to electric and gas utilities and private sector projects, potentially doubling current volume with minimal investment. This turnkey operation, complete with storage yard, equipment, vehicles, and knowledgeable owner willing to stay on post-sale, presents a prime opportunity for interested buyers. As a minority business enterprise, the company also stands